This report shows how the UK Government's existing spending review process fails to align government spending with strategic priorities and long-term value for money. It recommends resetting the approach to spending reviews and introduces more effective ways of managing public spending.

This document articulates the public policy priorities that investors seek so they can deploy capital into the opportunities and solutions to climate change. It is based on extensive input from the IGCC’s membership, industry peak bodies and a wider set of stakeholders.

This report captures the views of investors who are reading and using company reporting to inform investment decisions, manage portfolio level risk and set strategies for transitioning to net zero emissions. It sets out what investors expect from the next generation of climate reports, how investors are using corporate reporting on risk, strategy and opportunity...

The literature on investment horizon is reviewed in order to enhance the understanding of potential influences on long-term investing by institutional investors. Investment horizon reflects an inter-connected web of influences related to an investor’s circumstances, the design of the investing environment, and the choices that are made by key decision makers. Twelve such influences are...

The agency problems that pervade delegated investment management are exacerbated when investing for the long term, where the payoff is distant and often highly uncertain. These conditions compound the difficulty of aligning and monitoring the agents (managers) responsible for making investment decisions, particularly across multi-layered investment organizations. Problems arise from differences in investment horizons; the...